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The tax and national insurance system is complex. This estimator is a tool to help you make an informed choice about which support with childcare costs is best for you. You need to be aware that when sacrificing an element of your national insurance and tax to pay for childcare, there may be an impact on your current entitlement to tax credits. You also need to consider that you may be jeopardising any future entitlement to such work-related benefits and payments as maternity pay, sick pay and occupational pensions, and to state benefits such as the state second pension, Incapacity Benefit and Job Seekers' Allowance.
If you find that taking a Salary Sacrifice provides very little or no overall saving, it is usually best not to take the Salary Sacrifice, because of the impacts reducing your salary will have, as described above.
If you need more information go to Further Information.